Sebi chief Tuhin Kanta Pandey urged financial sector stakeholders to prioritize professional conscience over mere technical compliance, emphasizing that ethical substance, not just rules, prevents corporate failures. He highlighted that areas like valuations and ESG disclosures require judgment, making technical compliance insufficient and underscoring the crucial role of chartered accountants as custodians of trust.
The rupee at record low will end India’s cheap-money era
Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a